Callcredit has developed a new weapon in the war on credit card fraud called CallFraud.

It offers a real-time anti-fraud check that is available to customers on a 24-hour basis all year round and will be available on either a license of pay-as-you-go basis.

CallFraud will allow any kind of business to check the legitimacy of both new and existing customers in any suspected instance of fraud.

"There is nothing on the market that works in the same way as CallFraud," commented Callcredit's product director Graham Lund.

"Fraud is a growing problem in the UK and consumers are becoming increasingly concerned about it. By using CallFraud, companies can show their customers they are being proactive in tackling the problem and protecting them from fraudsters."